New work permit fees now in effect

(CNS Business): The business community will be digging deep to pay for new work permits as of today following the increases to most permit fees. The new rates have now been implemented after government changed the regulations to reflect the fee hikes in this year’s budget. For the second time in two years the premier has turned to work permits to boost the public coffers and cover the mounting cost of operating the local government. Although it was expected that the financial services sector would bear the greatest burden in fee increases, most fees have gone up, impacting retail, building and the tourism industries among others at a time when many businesses can ill afford the extra costs. Read more on CNS Business